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Breaking News:

Guaido Takes Strides To Topple Maduro

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Did This Gas Major Just Ensure Its Survival?

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Why Are Natural Gas Prices Crashing?

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Libya’s Fragile Oil Renaissance Is Under Threat

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News

Guaido Takes Strides To Topple Maduro

Guaido Takes Strides To Topple Maduro

Apr 19, 2019 at 16:59 | Julianne Geiger

The US-recognized interim president of Venezuela called on the country’s people to hold the “largest march in the history of Venezuela” to urge Nicolas Maduro to leave office as the…

Saudi, Russia Oil Cooperation “Here to Stay”

Saudi, Russia Oil Cooperation “Here to Stay”

Apr 19, 2019 at 16:55 | Julianne Geiger

Russia and Saudi Arabia’s cooperation is set to continue, Ibrahim al-Muhanna, Saudi energy advisor, said on Friday, in hopes of allaying the lingering fears that Russia is itching to get…

The Oil Giant Focusing Only On Africa

The Oil Giant Focusing Only On Africa

Apr 19, 2019 at 12:28 | Tsvetana Paraskova

The state oil company of OPEC member Angola, Sonangol, plans to sell off stakes in dozens of joint ventures and cut jobs in order to focus on its core…

‘’It’s Gonna Be A Long Runway” American EV Makers Face Major Problems

‘’It’s Gonna Be A Long Runway” American EV Makers Face Major Problems

Apr 19, 2019 at 10:47 | Irina Slav

Despite low fuel prices, scarce charging networks, and battery capacity problems, U.S. carmakers are forging ahead with their EV plans as regulatory pressure on the sector increases, Reuters reports,…

U.S. Refiners Gear Up For Busy Overhaul Season

U.S. Refiners Gear Up For Busy Overhaul Season

Apr 19, 2019 at 09:55 | Irina Slav

American refiners are preparing for a busy overhaul season in the second quarter of the year as the entry into effect of the new International Maritime Organization’s emission rules approaches.…

Maduro Channels Oil Sales Revenues To Russia

Maduro Channels Oil Sales Revenues To Russia

Apr 19, 2019 at 09:10 | Irina Slav

The Nicolas Maduro government is directing revenues from crude oil sales to Russia’s Rosneft as a way around U.S. sanctions, Reuters reports citing documents and unnamed sources. The Venezuelan…

U.S. Gulf Coast Crude Oil Imports Hit Lowest In Three Decades

U.S. Gulf Coast Crude Oil Imports Hit Lowest In Three Decades

Apr 18, 2019 at 17:50 | Tsvetana Paraskova

Imports of crude oil to the U.S. Gulf Coast dived to their lowest level in almost three decades last week, due to OPEC’s production cuts, unusually low Iraqi shipments,…

A Bad Sign For Tesla Bulls? Top Tesla Investor Slashes Stake

A Bad Sign For Tesla Bulls? Top Tesla Investor Slashes Stake

Apr 18, 2019 at 16:00 | Tsvetana Paraskova

Funds managed by T. Rowe Price, which was until recently the second-largest shareholder in Tesla after Elon Musk, significantly cut their holdings in the electric vehicle (EV) maker in the…

Russia Wanted To Load Riot Gear On Venezuela-Bound Warship In Malta

Russia Wanted To Load Riot Gear On Venezuela-Bound Warship In Malta

Apr 18, 2019 at 15:36 | Tsvetana Paraskova

Russian diplomats have tried to buy riot gear in Malta and allegedly load it on a warship en route to Venezuela, in a move that raises concerns in the EU…

Brazil To Put Up New Pre-Salt Oil Blocks For Auction In October

Brazil To Put Up New Pre-Salt Oil Blocks For Auction In October

Apr 18, 2019 at 14:33 | Irina Slav

Brazil will hold an offshore oil deposit auction in October featuring blocks that were the object of a long-running dispute with state energy giant Petrobras. Reuters reports, citing Economy…

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